Compare Today’s Mortgage Rates for Waterboro, Maine
Pureloan searches mortgage lenders and major banks in Waterboro, Maine 04087 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $18,066 or $50 / month is expected in Waterboro and other areas of York county.
Pureloan’s search engine explores all home mortgage options in Waterboro, Maine 04087, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
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Summary of Average Mortgage Terms in Waterboro, Maine 04087
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Waterboro, ME
To forecast and predict mortgage rates in Waterboro, ME 04087, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.
Historical Mortgage Rates for Waterboro, Maine 04087 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Waterboro, Maine and around York county to help you understand trends for your home purchase process. This data is produced from actual closed loans.
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|---|---|
| % 30 year fixed mortgage | 87.25% | 84.08% | 86.29% | 87.05% | 89.57% | 86.76% | 89.38% | 90.13% |
| avg mortgage rate | 4.94% | 4.68% | 3.90% | 4.00% | 4.44% | 4.11% | 3.89% | 4.08% |
| % 15 year fixed mortgage | 9.27% | 12.15% | 9.79% | 10.68% | 7.86% | 9.72% | 7.93% | 7.82% |
| avg mortgage rate | 4.40% | 3.94% | 3.19% | 3.10% | 3.46% | 3.22% | 3.09% | 3.18% |
| Avg credit score | 761.54 | 764.61 | 764.20 | 761.82 | 756.84 | 756.84 | 753.43 | 753.18 |
| Avg LTV (loan to value) | 74.37% | 74.96% | 77.08% | 78.75% | 80.15% | 79.47% | 80.31% | 80.54% |
| Avg DTI (debt to income) | 32.43 | 32.04 | 31.99 | 32.54 | 33.15 | 33.66 | 33.76 | 33.93 |
| % First time homebuyer | 18.97% | 16.27% | 17.73% | 19.94% | 20.93% | 21.96% | 21.35% | 20.86% |
| Avg mortgage insurance % | 3.92% | 4.66% | 7.04% | 8.94% | 10.28% | 10.68% | 10.99% | 10.85% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Waterboro, Maine 04087
If you’re looking to buy a new home in Waterboro, we have compiled a list of the leading mortgage brokers around Waterboro, Maine 04087 to help you with your search.
Name
Address
Contact
Maine Bank & Trust
790 Main St
Westbrook ME 04087
(207) 856-7400
Stone Coast Mortgage
506 Main St
Westbrook ME 04087
(207) 854-0740
gary@stonecoastmortgage.com
Atlantic Coast Lending
90 Bridge St
Westbrook ME 04087
(207) 854-2007
tylerholden@atlanticcoastlending.com
Onemain Financial
39 Mechanic St
Westbrook ME 04087
(207) 854-4015
http://www.onemainfinancial.com/uscfa/cfa/portal/home.do
Atlantic Coast Lending
547 Main St
Westbrook ME 04087
(207) 591-4251
http://www.atlanticcoastlending.com/
Address
790 Main St
Westbrook ME
Contact
(207) 856-7400
Address
506 Main St
Westbrook ME
Contact
(207) 854-0740
gary@stonecoastmortgage.com
Address
90 Bridge St
Westbrook ME
Contact
(207) 854-2007
tylerholden@atlanticcoastlending.com